The Business Times
The Business Times
Subscribe
Share on FacebookShare on TwitterView more
The Business Times
Create a free account with Business Times for seamless access across SPH Media products.
REGISTER
LOGIN

Startups & Tech

SUBSCRIBERS

MyRepublic said to be seeking private-equity backing for M1 bid

The Internet provider has been approaching buyout firms to help finance its planned offer for M1

Published Wed, May 31, 2017 · 09:50 PM
Share this article.

Singapore

MyRepublic Ltd, the Singapore Internet provider backed by billionaire Xavier Niel, is seeking a private-equity partner as it bids for local wireless carrier M1 Ltd, according to people with knowledge of the matter.

MyRepublic, which last year bid unsuccessfully for Singapore's fourth mobile operator licence, has been approaching buyout firms about helping finance its planned offer for M1, the people said, asking not to be identified because the process is private.

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Technology

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here